CompX Total Current Assets vs Other Stockholder Equity Analysis
CIX Stock | USD 24.09 0.56 2.27% |
CompX International financial indicator trend analysis is way more than just evaluating CompX International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CompX International is a good investment. Please check the relationship between CompX International Total Current Assets and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CompX International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.
Total Current Assets vs Other Stockholder Equity
Total Current Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CompX International Total Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CompX International's Total Current Assets and Other Stockholder Equity is -0.32. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of CompX International, assuming nothing else is changed. The correlation between historical values of CompX International's Total Current Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of CompX International are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Assets i.e., CompX International's Total Current Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Other Stockholder Equity
Most indicators from CompX International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CompX International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CompX International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.Enterprise Value is likely to rise to about 220.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 18.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 42.7M | 48.8M | 49.2M | 32.8M | Total Revenue | 140.8M | 166.6M | 161.3M | 121.0M |
CompX International fundamental ratios Correlations
Click cells to compare fundamentals
CompX International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CompX International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 178.5M | 184.0M | 192.5M | 177.4M | 187.6M | 135.5M | |
Other Current Liab | 10.5M | 10.5M | 13.0M | 12.6M | 11.8M | 12.4M | |
Total Current Liabilities | 13.1M | 13.2M | 16.4M | 16.7M | 17.2M | 16.0M | |
Total Stockholder Equity | 162.2M | 167.7M | 173.1M | 158.4M | 168.8M | 140.7M | |
Property Plant And Equipment Net | 31.0M | 29.0M | 29.2M | 28.7M | 25.9M | 41.0M | |
Net Debt | (63.3M) | (70.6M) | (76.6M) | (26.7M) | (41.4M) | (39.3M) | |
Retained Earnings | 106.2M | 111.5M | 118.2M | 105.2M | 115.5M | 60.1M | |
Accounts Payable | 2.5M | 2.6M | 3.4M | 3.5M | 3.1M | 3.0M | |
Cash | 63.3M | 70.6M | 76.6M | 26.7M | 41.4M | 36.6M | |
Non Current Assets Total | 83.4M | 82.8M | 72.2M | 66.2M | 61.0M | 72.8M | |
Non Currrent Assets Other | 28.7M | 30.1M | 19.3M | (1.6M) | (740K) | (703K) | |
Cash And Short Term Investments | 63.3M | 70.6M | 76.6M | 59.9M | 76.7M | 39.4M | |
Net Receivables | 11.9M | 10.7M | 15.5M | 17.8M | 17.1M | 13.4M | |
Common Stock Shares Outstanding | 12.4M | 12.4M | 12.4M | 12.3M | 12.3M | 10.7M | |
Liabilities And Stockholders Equity | 178.5M | 184.0M | 192.5M | 177.4M | 187.6M | 135.5M | |
Non Current Liabilities Total | 3.3M | 3.2M | 2.9M | 2.3M | 1.6M | 1.5M | |
Inventory | 18.3M | 18.3M | 25.6M | 31.3M | 30.7M | 17.0M | |
Other Current Assets | 1.6M | 1.5M | 2.5M | 2.1M | 2.1M | 2.9M | |
Other Stockholder Equity | 55.9M | 56.0M | 54.8M | 53.2M | 53.3M | 71.2M | |
Total Liab | 16.3M | 16.4M | 19.4M | 19.0M | 18.8M | 33.1M | |
Property Plant And Equipment Gross | 31.0M | 29.0M | 100.9M | 103.4M | 103.6M | 108.8M | |
Total Current Assets | 95.1M | 101.2M | 120.2M | 111.2M | 126.6M | 86.2M | |
Accumulated Other Comprehensive Income | (63.6M) | (65.7M) | 0.0 | (17K) | (6K) | (6.3K) | |
Other Liab | 3.3M | 3.2M | 2.9M | 2.3M | 2.6M | 2.5M | |
Other Assets | 28.7M | 30.1M | 21.8M | 42K | 48.3K | 45.9K | |
Property Plant Equipment | 31.0M | 29.0M | 29.2M | 28.7M | 25.8M | 42.5M | |
Net Tangible Assets | 162.2M | 167.7M | 173.1M | 158.4M | 182.2M | 136.2M | |
Retained Earnings Total Equity | 106.2M | 111.5M | 118.2M | 105.2M | 121.0M | 84.1M | |
Capital Surpluse | 55.9M | 56.0M | 54.8M | 53.2M | 47.8M | 44.2M | |
Deferred Long Term Liab | 3.3M | 3.2M | 2.9M | 2.2M | 2.0M | 1.9M | |
Accumulated Depreciation | (65.7M) | (68.4M) | (71.7M) | (74.7M) | (85.9M) | (90.2M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CompX International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CompX International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Compx International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Compx International Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CompX International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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When running CompX International's price analysis, check to measure CompX International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CompX International is operating at the current time. Most of CompX International's value examination focuses on studying past and present price action to predict the probability of CompX International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CompX International's price. Additionally, you may evaluate how the addition of CompX International to your portfolios can decrease your overall portfolio volatility.
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Is CompX International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CompX International. If investors know CompX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CompX International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Dividend Share 1.05 | Earnings Share 1.66 | Revenue Per Share 12.841 | Quarterly Revenue Growth (0.08) |
The market value of CompX International is measured differently than its book value, which is the value of CompX that is recorded on the company's balance sheet. Investors also form their own opinion of CompX International's value that differs from its market value or its book value, called intrinsic value, which is CompX International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CompX International's market value can be influenced by many factors that don't directly affect CompX International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CompX International's value and its price as these two are different measures arrived at by different means. Investors typically determine if CompX International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CompX International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.